According to IntoTheBlock, Ethereum mainnet fees hit a record low as L2 transactions surged following the Dencun upgrade. EIP-4844 slashed L2 costs by a factor of 10, driving a record number of transactions. However, due to the decrease in the number of Ethereum destroyers, ETH has moved from previous deflation to inflation.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.